Mr. Michael Mulberry reports

MEDARO MINING UNVEILS PROMISING FINDINGS FROM SATELLITE SURVEY AT ITS LAC LA MOTTE LITHIUM PROJECT

Medaro Mining Corp. has completed its nuclear magnetic resonance (NMR) satellite survey on its 100-per-cent-owned Lac La Motte lithium property, located in Quebec.

The survey was co-ordinated by Geosaterra Technology Corp., of Langley, B.C., and was aimed at finding lithium exploration targets on the property, with particular emphasis on locating the source of a spodumene-bearing pegmatite boulder discovered during 2023 work with 5,380 parts per million (ppm) lithium concentration (1.15 per cent lithium oxide) (please see Oct. 10, 2023, news release). The survey used proprietary satellite-based passive scanning technology in concert with analytic algorithms that collectively allow for mapping of selected elemental concentrations.

The survey has revealed compelling insights into potential distribution of lithium mineralization on the property, with notable findings including the detection and plotting of a prominent vein running in a north-south direction along fault contact zones.

In addition, indications of outcrops in the bedrock forming distinct bands across the claim in an east-west orientation have been observed. The interpretation data indicate that while lithium signatures exhibit weaker presence at the surface, the frequency strength improves significantly at depths.

Particularly encouraging is the concentration of lithium along the vein or fault lines, with surrounding soil and bedrock showing promising signs of lithium presence. The surface soils exhibit varying concentrations, with satellite data showcasing consistent banding that extends beyond the claim block, suggesting a robust potential for lithium mineralization in the region.

The survey interpretation suggests that the mineralization represents lithium presence in lode form, with deeper host veins and outcroppings demonstrating good frequency support for lithium host bedrocks at depths. All findings were meticulously mapped and compiled into a comprehensive file, providing detailed information on the locations, relative depths and GPS areas of Geosaterra's evaluations.

Although the survey provided valuable insights, Medaro recognizes the importance of confirming the accuracy of these results through further exploratory work of geological mapping, drilling or trenching.

While surface-level lithium signatures may appear modest, the data reveal a marked improvement in frequency strength at greater depths, particularly along fault lines and veins. A total of 10 lithium targets have been outlined with a depth range of five to 75 metres below surface.

Michael Mulberry, chief executive officer of Medaro, states, "I am thrilled to share with you the findings stemming from our recent NMR satellite survey conducted, with our partners at Geosattera, which marks a significant milestone in our pursuit of uncovering valuable resources in contributing to the global transition towards a cleaner and more sustainable energy future."

Medaro remains committed to leveraging innovative technologies and expertise to uncover valuable mineral resources while adhering to the highest standards of sustainability and responsible mining practices.

About Medaro Mining Corp.

Medaro Mining is a lithium exploration company based in Vancouver, B.C., which owns or holds options over the Superb Lake lithium property located in Thunder Bay, Ont., the Lac La Motte, Darlin, Rapide, Pontax and Cyr lithium properties located in Quebec, and the Yurchison uranium property located in Northern Saskatchewan. The company is also involved in the development and commercialization of a new process to extract lithium from spodumene concentrate through its global lithium extraction technologies joint venture.

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